EGP 5,487,000
3 Bedrooms Apartment for Sale in Serrano New Capital By New Plan - Delivery Year 2023
Serrano New Capital Egypt is a proposed city located in the New Administrative Capital of Egypt. It is part of the ambitious Economic Vision 2030 plan, initiated by President Abdel Fattah el-Sisi in 2015. The new city will be located about 25 km (16 mi) east of Cairo. The planned development of the city is projected to cover an area of 4,740 hectares and be home to over 4 million inhabitants. The goal of this ambitious project is to create a hub of international finance, business, media, entertainment, and tourism in the region.
The project is expected to bring in a substantial amount of foreign investment to Egypt, creating jobs and boosting its economy. It will include a financial and business district with office buildings, high-tech industry zones, residential neighborhoods, leisure facilities, green spaces, a transportation corridor, and a marina. The city will also feature a new airport, modern hospitals, and a university. The total investment for the project is estimated at $45 billion.
Serrano New Capital Egypt is part of a larger movement to modernize cities in Egypt. Other projects in the pipeline include energy-efficient housing, smart city solutions, and transportation networks. With the help of foreign capital
Serrano Serrano City is one of the most significant projects being established in the New Administrative Capital by New Plan Developments, which is announcing its first project, so it has developed a complete plan by the world's largest design and construction engineers to bring out the project honorably.
New Plan The real estate developer of Serranois New Plan Developments, which has pumped a wide range of investments in the Middle East, specifically in Egypt. The company has an investment of about 8 billion EGP, it has a hotel in Sharm El Sheikh, it also pumping an annual business in Dubai worth 2 billion Dollars in residential towers, oil companies, and cargo vessels. The company was also keen to contract with the American maintenance company, Intera Dayon, the largest American company working on the maintenance of projects very accurately. The owners of New Plan are Youssef Siddiq, Hussain Hammam, Walid Khalil, owner and founder of Al Rashed and a marble factory.